FundedNextReviews 415

This "FundedNext No Minimum Trading Days" add-on promises flexibility, but unfortunately, it appears to be a scam. The add-on has no value but deceptive practices and unfulfilled promises, leading to frustration and financial losses. Trading records are also wiped off from the dashboard and they made it look like you never purchased an evaluation account with them. Beware!

The never pay you! I passed the challenge with an account of 100K. Then I got 3k in profits and blocked the account with no reason.
THIEVES!

I used to be a strong supporter of FundedNext until they recently scammed me. As a conservative news trader, I had been actively trading for over 5 months and was on the verge of passing their challenge. Suddenly, I received an email from FundedNext stating that suspicious activities had been detected in my account. They provided a screenshot showing that another trader had been trading around the same time as me. While it's common for news traders to trade during news events, the trades between me and this other trader were not identical. They differed in terms of open time, close time, lot size, and price. The only similarity was that some trades were opened at the same minute (e.g., 05:29 PM).

I have a very very strong justification and evidence are available upon request, I explained to FundedNext that this similarity is merely because both of us were news traders. Some of the trades were opened slightly before or after mine, but there was no exact match. Additionally, I pointed out that I had successfully passed the first phase of the challenge using my own strategy, so why would I copy someone else's?

Unfortunately, FundedNext failed to provide any further explanation. Instead, they cited their Section 18 of customer service, which allows them to terminate the agreement if a customer fails to comply with the terms. This experience has been extremely disappointing and unethical. Despite referring many customers to FundedNext, they have fallen far short of my expectations. It appears that they terminate contracts as soon as traders become profitable. I am sharing my very honest review and I would like an explanation and re-investigation from FundedNext. I attached some communication snapshots between us for public awareness.

Becareful with this company, they will take your money and not pay you out. 100% Scam, do not trust them. You will end up opening a case of fraud with your bank in order to retrieve your funds

They are not accommodating!

During my challenge, I experienced a bug with my EA (Expert Advisor) on my 15 and 100k Challenge, which resulted in multiple trades being opened and closed within fractions of seconds.

The next day, I received a message stating that I had violated prohibited practices because my account was flagged as HFT (High-Frequency Trading). I clarified, sent screenshots of the journal terminal, explained the issue, and offered to have all trades from yesterday canceled.

However, Fundednext insists on adhering strictly to their terms and conditions. This incident occurred only once throughout the entire challenge. It's a pity they are not willing to compromise. I understand they want to protect their environment, but refusing to budge an inch is just terrible.

Once again, at no point did I violate any rules, as I did not use an HFT bot or engage in HFT. A bug in the EA triggered this.

UPDATE: 10.01.24
I wrote about the incident under their Instagram posts to warn others. My comments were deleted three times, and now I'm blocked. Why not address the issue and find a solution together?! This is demonstrably provable through screenshots.

They have to stop sending bot adding good review. I'm Zlatko, an experienced french trader I been trader for 5 years and I have certifications from official tradingg school. I been testing their program for a funding accounts and within few trade I seen price manipulation, first they manipulate the price to it SL and after you contact them the support act 10iq by saying it's cause of spread. Spread is only here when you place you'r order not when the trade is opened. I have all proof of chat/price manipulation and purchases.

Scammm compagnie.
Alote of you guys said in the comment that they have an amazing service. Welll. You guys always speak with Robot ai. Thats why you get a amazing respond everytime, but when you face a problem. Forget it.
Then will never help you, just take adventage of you and take you money.
This is a pure honest review for fundednext that you will never get. I been with them long time to tell you that. I was beliving in them i quit FTMO for them but its the biggest mistake that i ever did.
They always public new pomotion that you can never take becuz there are allways something a the promotion is expired.
Or when you ask them if there some promotion coming soon they told you no. An hour after there a promotion.
I told you just the outlook of them.
If you wanna risk your money with them up on you.
I will not enter more in this situation because there alote. Spread, news, manipulation. Alote!

I did the reference programme just to told you how i whose belive in them, i close this $#*! up. I dont want any of my follower to be tricked by them.

I try my best to fix the situation but they dont very care.

So,please Share this post and do not trust them.

Funded Next distinguishes itself with generous discounts on all challenges, offering relatively affordable prices for their challenges compared to other prop firms. The spreads in the challenges are satisfactory, and there is minimal slippage, promoting an efficient trading experience.

However, a difficulty arises when it comes to funding. Four months ago, my girlfriend participated in a challenge on my computer for fun and broke it within a day. Without hesitation, I purchased more challenges. Upon checking my account after successfully completing another challenge, two things were noted. Firstly, the IP addresses had changed, and secondly, a different challenge had been traded from my device months ago. Surprisingly, despite my inability to pass additional challenges, I was not informed of this, and I was allowed to continue trading.

Another critical point is the apparent arbitrariness in applying house rules by Funded Next. This is evident not only in my experience but also in many other reviews mentioning the company's arbitrary application of house rules. This means that the account can be suspended or access denied at any time, and Funded Next regularly exercises this right.

A particularly critical aspect is the rule regarding changing IP addresses, which could be applied to many customers since most internet service providers do not provide fixed IP addresses per customer. This rule appears not only unnecessarily restrictive but also problematic for many users.

In conclusion, I want to emphasize that Funded Next's practices raise significant concerns about credibility and fairness. Despite potential positive reviews, as potential customers, we should be warned that account suspensions seem to occur arbitrarily and can affect up to 10-30% of customers. The rule concerning changing IP addresses, potentially affecting almost every customer, adds to the uncertainties.

It is crucial for customers, when choosing a prop trading firm, to not only focus on potential profits but also carefully examine security and business practices. The risk of being suspended for vaguely defined reasons is significant and should be considered in decision-making. In light of these findings, I recommend potential customers to weigh their options carefully and be aware that profitability might come at the expense of transparency and customer-friendliness.

I hate this company for how they treated me and the time I had to waste trying to get them to fix this mess THEY created.

This unregulated "prop firm" does whatever they like. They closed my live funded account "in error" Their system had a "technical difficulty" and closed all my positions and paused the account. When I reported this to them, they admitted fault right away and reinstated the account but weeks later they still refuse to refund me for the losses on the account from the trades THEY incorrectly closed.

This doesn't even mentioned that the trades they closed went onto be big winners. Not even a sorry from them for that.

Their chat support is mostly AWFUL, it will drive you insane. They are often rude, just send prewritten meaningless messages, hard to tell if they are real humans or AI. They cut you off mid chat, promise you updates that never happen, they straight up refuse to open support tickets so you know you will have to explain an issue multiple times because there is no logs of the issue and there's no way for them to update you.

You have to hand feed support every tiny detail, they wont do anything themselves even when they created the whole issue by incorrectly closing my account and they have all the information and chat logs on their system.

If you managed to get your issue escalated past the awful AI bot chat army, the other support will reply to the ticket with an inaccurate reply, accuse you of trying to benefit from their mistake and close the ticket leaving you no way to respond. I was in shock how rude they are.

They also said if I pursue the issue more they will close my account! Truly awful attitude towards customers.

There is no proper way to make a complaint with this company or contact anyone directly higher than the first level of support.

I tried so hard to get them to just resolve my issue.

Honestly, I hate this company. Truly an awful experience and I would NEVER suggest anyone wastes their time and energy with fundednext.

I have failed to achieve one of the trading objectives, and my account is not eligible to continue trading.
I paid to reset my account to start trading again. I've been waiting for a month and my account is still inactive. Customer service is at a very low level.

I open my GU trade at 1.2553 but in the end the platform open my trade at 1.2558. Furthermore, the highest point in that candle is 1.2557,how come can open at 1.2558?I ask customer seelrvice, they said low liquidity and cause the spread large. They cheat blindly because that time I open trade is new release after 20 mins. Scammer.Please go to other prop firms

I got email after passing my evaluation that my leverage reduced to 1:5 because i had "unconventional strategies with unusual lot sizes" and upon the contract that i signed i didn't violate any of the T.C and the risk management rule, i have opened around 18 trades in total and there were never above 30 lots and this is what i have based on the leverage i got and i didn't risk more than 1% since my maximum stoploss is 5 pips when starting the challenge, my trades were professionally analyzed and taken and they called it gambling this is so offensive to my trading career, and i have strict risk management rules, all the trades i took with only 1 lose on high impact news and i closed it fast ( was more than 5 pips lose) so they decided to cheat on me, i had every time the market moves in my direction without being on SIGNIFICANT drawdown so how this considered be a risky or " GAMBLING " situation i need clarity please because i paid for 200k account and not for a 15k account.

I had a very bad experience with binance
I opened an account at the end of February. I have got over 58K Pounds in my account. I did withdraw successfully over 3K British Pounds. This is how how they trapped me because I thought that it's genuine company. I make use of my head line and high-yield investing options, which have proven to be quite helpful to me over time.The best investment platform right now is my headline, which I wholeheartedly recommend. Everyone to to get back your lost funds

Please stay away from this firm, I cleared both the phases and they denied me my real account saying i logged in to the account with multiple devices and the IP is changed, how can a mobile device has static IP address? It is the mac address which is static not the IP address.

FundedNext is a scam! The way they make money is through traders signing up with them, and then close out their account without an explanation. Save your money and go somewhere else that speaks English...

I signed up with them a few months back for the Evaluation package. For the first month I lost almost 2%. They shut down my account and took my money. I asked them why, since I haven't broken any of their rules. In the Evaluation video, it says you have unlimited tries to reach your goal. Even if the first month you didn't make it, that's OK, as long as you don't lose 10% of the initial account. I asked them about this and they keep telling me to use chat, which I don't have with them. They DO NOT HAVE email support. I asked for the person who manage my account, and they said to use chat. I told them: "I don't have chat!" And they said: "Use the chat option." If there is an option for NO STARS, I would pick that. This company is located in United Arab Emirates. Have fun withdrawing your money from them. Worst prop firm ever! STAY AWAY FROM FUNDEDNEXT!

I started couple of months ago express mode, my account was good en positive almost resdy for the first drawdown, in one moment i exceed the loss limit. Price on metatrader was 10% min dan normal market price. I took analys from that moment in all market chart from different brokers, noone was in that range price. No one trend take immediatly min 15% in one day, just if a big economical crash happend that is possible.
I ask a lot of time the rewiew from that trade, but they don't want to do that in write form via e-mail, manager speak only via telegramnow i get my case on desk from scam lawyer, may i ask rewiew of that trade and the authority cause really difficult believe that.
In the photo the pisition before close, dollar index on 97, you can check from yourself when was last time on thet range, was almost 2 years ago

I paid $59 usd for a $6000 trial n they promised that my registration fee is refundable.after some successful trades I lost the the last 2 with -$287 and they closed my account that I violated loss policies n asked me if I need to redo I register again for 10@%discount.but I asked for my $59 refund.up to now 7days all my emails are un answered and no refund yet
Don't dare use funded next, this props some are out there to raise funds.they say you should not incur 3% loss per day but immediately the trade goes negative which is normal be4reversal they close the account. Is that per day or instantly?

I already understood how these guys work.
If you pass the challenge, they will come to you telling that you broke some rule, THAT is not true.
After passing my acc200.000$ they said that I did trade 2 accounts ( 100.000$ and 200.000$) what it is allowed. I asked to chat support and they said that Im right but it doesnt depend on them but the support email. I wrote to Isabella ( who told me by email that I breached the acc). NEVER SHE REPLIED.
Scammers, somebody should stop them

I have noticed that FN increased my spread in live account for my 100k account to 3-7pips for EURUSD while the 15k account spread is same as before (both are real accounts)... This is crazy.

I have taken screenshots of all the details how FundedNext manipulates the spread to prevent good traders from continuing to progress successfully.

End of the story, FundedNext is a scam to me as in the beginning during challenge phases they show raw spreads for major pairs but once funded and took the first payout they start widening the spreads... I mean 5pips spread on EURUSD is daylight robbery lol

I am Funded with MFF and FTMO and I never experienced such a thing... FTMO spread for EURUSD ranges between 0.3-0.5 pips and MFF is maximum 0.6 pips...
But 3-7 pips spread for EURUSD is a joke and it is a clear indication that the FundedNext prop firm is trying to stop good traders from getting profited.

Attached images from today's trades you can see how they manipulate the spread.
Do not get fooled by seeing on the chart the spread is shown low, once you execute a trade or set a pending order, your actual sell/buy price will be 3-7 pips away for EURUD.

https://ibb.co/9p5kVzk
https://ibb.co/8BTztd4